Unbridled Capital recently provided sell-side advisory services to City Different Enterprises on the sale of 5 Taco Bells in New Mexico. The restaurants were sold to existing franchisee KBP Bells, led by Mike Kulp and Barry Dubin.
“Unbridled did a wonderful job in helping us sell our Taco Bell restaurants, and they did top-notch work under extremely difficult deadlines and expectations. I still remember the first time I met Rick at a Taco Bell Convention many years ago. From that brief introduction, I could tell he was a very sincere person who we could trust when it came time to sell. Having now seen Unbridled’s work in action, I can say with conviction that Derek and Rick did a superb job in all aspects of selling our business. We are extremely pleased with their representation of our family and owe them a big debt of gratitude. All franchisees should hire them - they are the best,” said franchisee Jack Pell.
“I love helping franchisees in the sale of their businesses. It is my life’s work and the drive behind why Unbridled has been blessed to be so successful. We really do care – very deeply – about long-tenured franchisees who represent a true slice of Americana throughout our great country. For City Different Enterprises, I am so thankful that we were able to help them retire from Taco Bell after so many successful years. They had an impressive business with huge AUVs and strong operations. We know that KBP Bells will do a fantastic job in supporting and growing this wonderful legacy. Congratulations to all parties here and Merry Christmas everyone!!!” said Rick Ormsby, Managing Director.
At Unbridled, we love the USA and support our warriors. As a condition of this closing, Unbridled will give a charitable contribution to The Blue Angels Foundation, honoring our nation’s heroes. Its mission is to support wounded veterans through transitional housing, counseling, PTSD resolution, permanent housing, life skills, transportation, and employment. We want to be a blessing because we have been blessed.
With a half-dozen new assignments in the past few weeks, 2022 could be a continuation of the recent and historic M&A activity in the franchise sector. Continue to stay tuned for more assignments in the coming months.
Despite meteoric growth, Unbridled Capital continues to maintain an industry-leading closing percentage of over 90%. For more information, please contact Rick Ormsby at 502-252-6422 and [email protected].